Author: Jeremy Ryan

beginner The cryptocurrency industry has seen extraordinary growth and innovation over the past decade. However, the technical complexities and high entry barriers have often left many interested individuals struggling to jump onto the crypto train. One intriguing project aiming to address this issue and bring crypto mining to everyday people is the Pi Network. Pi Network is a crypto project that I, Daria Morgen, the author of this article, have been interested in for a long time. Its accessibility aligns perfectly with the key ideals of the crypto market, like decentralization. I’m really excited to tell you more about it…

NFT Web3 fantasy sports company Sorare is introducing an alternate entry method for players based in France to abide by the country’s proposed regulatory framework surrounding non-fungible tokens (NFTs). Sorare is working with the French National Gaming Authority (ANJ) to help legally onboard players based in France. Sorare said in a blog post that the solution is short-term while they continue to develop their long-term roadmap amid ongoing regulatory discussions. The temporary solution is currently live for its flagship category Sorare: Football and will roll out for Sorare: MLB on May 26, 2023 and finally for Sorare: NBA in the…

NFT On Wednesday, prominent generative digital art collective Art Blocks will debut its latest curated series, “Human Unreadable”—a three-act conceptual work of choreography involving both on-chain art pieces and physical experiences. The project, courtesy of Ania Catherine and Dejha Ti—the Berlin-based art duo known collectively as Operator—will consist of 400 Ethereum NFT art pieces created by dance. While that descriptor may sound flowery, it happens to quite literally be true in this case: Catherine and Ti have devised a coding language by which sequences of human movements are translated into what they call choreographic hashes—code that determines the appearance of…

Early pioneer of the move-to-earn trend, STEPN, has broken new ground by offering NFT trading on Apple devices. However, the new development comes with a catch, users will face higher fees in order to accommodate the ecosystem’s astronomical 30% ‘Apple Tax.’Through the new development STEPN users will face a tough choice between convenience and lower prices. Essentially, providing the means for iPhone users to purchase NFT sneakers through the Apple Pay portal, without engaging with cryptocurrencies.To make this possible, STEPN has introduced a new in-app currency called ‘Sparks’ which users can purchase via apple pay for a flat $0.01 per…

NFT Swiss-based non-profit organization the Interchain Foundation (ICF) has partnered with Bianjie, a blockchain development company, to launch a new NFT standard. Users utilizing the new standard, dubbed ICS-721, will now be able to track and transfer their NFTs across different blockchains. ICS-721 — an homage to the ERC 721 NFT standard on Ethereum — is an application layer inter-blockchain communication (IBC) protocol, which means that it enables blockchains to communicate with one another without the need for a bridge. This new standard can enable NFTs to be integrated into various sectors in Web3. These include gaming, socializing, identity management…

Blockchain Manta Network, a layer-1 blockchain running on Polkadot, has teamed up with Linea, a rollup-based scaling solution, to offer users zero-knowledge soulbound tokens (zkSBT). Due to the inherent transparency of open blockchains, the team at Manta was to address one of the main concerns of cryptocurrency projects today, privacy. “The problem we are trying to tackle here is so that verification is only limited to certain on-chain activities, rather than share all data to an app,” Manta Network co-founder Victor Ji told Decrypt. Polkadot Privacy Project Manta Network Eyes Crypto’s Largest Trusted Setup Ever He added that users won’t…

NFT The creator of the Grumpy Cat meme has issued a cease-and-desist letter to Twitter user “SlumDOGE millionaire,” urging him to refrain from pushing a memecoin that potentially violates their intellectual property rights. An official letter was issued to Glauber Contessoto via NFT last week addressing promotion of a token named GrumpyCat, which it sees as engaging in clear and intentional infringements. The letter states Grumpy Cat Limited has neither authorized nor provided consent for the use of its trademarks in association with this particular cryptocurrency offering. In a tweet on Tuesday, the creator of the Grumpy Cat meme called…

Blockchain BNB Chain, a Layer 1 blockchain project associated with crypto exchange Binance, has seen a rise in transactions — its highest since last May — thanks to its lower fees and increasing adoption. The average number of transactions on BNB Chain hit 4.8 million on May 22 using a seven-day moving average — a level last seen in May 2022 — according to The Block’s Data Dashboard. BNB Chain is ranked number one by that metric, among other Ethereum Virtual Machine (EVM)-compatible blockchains, including Polygon and Avalanche. The rise of BNB Chain can be attributed to several factors, according…

NFT Blockchain analytics platform Nansen has announced the removal of Lido NFTs from its NFT Paradise service. Nansen’s NFT Paradise is a platform offering detailed analytics on the NFT market, helping users understand transactions, trends, and dynamics. Nansen’s decision was influenced by user votes following a recent mishap involving Lido, a decentralized finance (DeFi) platform. Lido’s staked withdrawal requests were mistakenly represented as NFTs, leading to an unexpected increase in NFT mint volume. Lido stated last month that users would receive NFTs as part of the deposit withdrawal procedure. Any time a user unstakes Ether, the decentralized finance protocol issues…

NFT The floor price of the Bored Ape Yacht Club (BAYC) has fallen by 64% since its high of May 1 last year. But what exactly is going on with the world’s most popular NFT collection? For starters, BAYC’s decline has coincided with an overall dip in the NFT market. However, all things considered, the collection actually held up pretty well compared to most other Ethereum-based NFT projects. Indeed, many massively-hyped projects, such as Mekaverse or Moonbirds, have endured spectacular crashes. Moonbirds, for example, is 90% down on its previous high. Meanwhile, the Bitcoin Ordinal market has been soaring and…